Publikation: Horizontal and Vertical R&D Cooperation
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2000
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Inkmann, Joachim
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Zusammenfassung
This paper introduces a second, vertically related industry into the usual one-industry oligopoly framework of cooperative R&D investment between firms operating on the same product market. R&D efforts are affected by intra- and inter-industry R&D spillovers. Horizontal and vertical R&D cooperation scenarios are compared to R&D competition. It turns out that vertical R&D cooperation is usually the only stable equilibrium in the sense that no firm has an incentive to chose any other R&D scenario. Empirical implications concerning the relationship between R&D intensities and R&D spillovers are derived and empirical evidence is given using data of German manufacturing firms.
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Fachgebiet (DDC)
330 Wirtschaft
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R&D cooperation, R&D spillovers, vertical relations
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INKMANN, Joachim, 2000. Horizontal and Vertical R&D CooperationBibTex
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